798359--7/16/2007--INVESTORS_REAL_ESTATE

related topics

{investment, property, distribution}

{loan, real, estate}

{acquisition, growth, future}

{cost, regulation, environmental}

{tax, income, asset}

{condition, economic, financial}

{provision, law, control}

{stock, price, share}

{debt, indebtedness, cash}

{regulation, change, law}

{loss, insurance, financial}

{personnel, key, retain}

Our performance and share value are subject to risks associated with the real estate industry. Our property acquisition activities subject us to various risks which could adversely affect our operating results. Acquired properties may subject us to unknown liabilities which could adversely affect our operating results. Our geographic concentration in Minnesota and North Dakota may result in If we are not able to renew leases or enter into new leases on favorable terms or at all as our existing leases expire, our revenue, operating results and cash flows will be reduced. We face potential adverse effects from commercial tenant bankruptcies or insolvencies. Because real estate investments are generally illiquid, and various factors limit our ability to dispose of assets, we may not be able to sell properties when appropriate. Inability to manage our rapid growth effectively may adversely affect our Competition may negatively impact our earnings. An inability to make accretive property acquisitions may adversely High leverage on our overall portfolio may result in losses. Our inability to renew, repay or refinance our debt may result in losses. The cost of our indebtedness may increase. We depend on distributions and other payments from our subsidiaries that they may be prohibited from making to us, which could impair our ability to make distributions to holders of our shares of beneficial interest. Our current or future insurance may not protect us against possible losses. We have significant investments in medical properties and adverse trends in Adverse changes in applicable laws may affect our potential liabilities Complying with laws benefiting disabled persons or other safety regulations and requirements may affect our costs and We may be responsible for potential liabilities under environmental laws. We may be unable to retain or attract qualified management. Failure to comply with changing regulation of corporate governance and public disclosure could have a material adverse effect on our business, operating results and stock price, and continuing compliance will result in additional expenses. We may incur tax liabilities as a consequence of failing to qualify as a REIT. Failure of our operating partnership to qualify as a partnership would have a material adverse effect on us. Certain provisions of our Articles of Amendment and Third Restated Declaration of Trust may limit a In order to maintain our REIT status, we may be forced to borrow funds during unfavorable market conditions. Our board of trustees may make changes to our major policies without approval of the holders of our shares of beneficial interest Our future growth depends, in part, on our ability to raise additional We may issue additional classes or series of our shares of beneficial Payment of distributions on our shares of beneficial interest is not Our distributions are not eligible for the lower tax rate on dividends except in limited situations. Changes in market conditions could adversely affect the price of our Higher market interest rates may adversely affect the market price of our common shares, and low trading volume on the NASDAQ Global Select Market may prevent the timely

Full 10-K form ▸

798359--7/16/2007--INVESTORS_REAL_ESTATE_TRUST